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Encore Profits: How Hoteliers Can Cash In on Ed Sheeran’s India Tour with Smart Revenue Strategies

eZee Absolute

Dont Let Overbooking or Cancellations Kill Your Revenue With a major event like this, cancellations and no-shows are inevitable. Some guests overbook, others change their plans last minute, and some simply forget to cancel.

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The 15 Biggest Revenue Management Myths & Misconceptions

Xotels

Myth #5: “It causes overbooking and angry guests.” Myth #5: “It causes overbooking and angry guests.” Strategic overbooking is a science, not a gamble. When done right, it covers cancellations and no-shows without turning away actual guests. ” Myth #4: “Revenue management is only for hotels with deep pockets.”

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How to simplify hotel reservation confirmation 

Little Hotelier

By formally confirming each booking, independent hotels provide guests with clarity, build trust with their customers, and can reduce instances of no-shows, because guests know it is their responsibility to show up (or face late cancellation/no-show fees). Small hotels only have a few rooms and a handful of staff.

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What is hotel rate parity and why does it matter?

Little Hotelier

Inconsistency in room rates also leads to overbookings, which is a customer service nightmare for any travel brand. When your room rates are inconsistent across platforms, you run the risk of upsetting your customers and angering your distribution partners. In small hotels, every dollar counts.

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Tryp.com: Expert guide for hotel owners

SiteMinder

Because the platform curates packaged itineraries, cancellation volumes stay lower than on bargain-only flash-sale sites. Plus, when you connect Tryp.com to SiteMinder’s channel manager, inventory and rate updates flow through automatically, preventing mismatches and accidental overbooking. Key takeaways Trustpilot’s 4.7

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Innovative Horizons: How Hotels Are Changing

Hotelogix

AI handles booking changes and cancellations quickly, making the process smooth. Real-time room management: Instantly updates reservations across platforms to prevent overbookings. Guests can reschedule stays without waiting in long customer service queues. Virtual assistants help with check-in, room service, and local recommendations.

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What is a hotel overbooking strategy? +4 ways to avoid overbookings

Cloudbeds

Overbookings can be stressful for the front desk and the guest, but you can manage them with ease if you have a proper plan in place. While for some hoteliers it’s best to avoid overbookings altogether, for others, a good strategy can increase revenue, improve the occupancy rate and mitigate losses. What is an overbooking strategy?